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The latest announcement is out from Finsbury Gwth & Inc Shs ( (GB:FGT) ).
Finsbury Growth & Income Trust PLC has repurchased 250,000 of its own shares at a price of 849.85 pence per share, which will be held in treasury. This transaction affects the total number of voting rights in the company, now standing at 129,919,524, which is relevant for shareholders calculating their interests according to FCA’s rules.
Spark’s Take on GB:FGT Stock
According to Spark, TipRanks’ AI Analyst, GB:FGT is a Outperform.
Finsbury Growth & Income Trust’s overall stock score of 71 reflects a strong financial position and positive corporate developments. The robust balance sheet and reasonable valuation underpin the score, while challenges remain in operational efficiency and technical momentum. The company’s recent governance and strategic actions, such as the portfolio manager’s stake increase, add to investor confidence.
To see Spark’s full report on GB:FGT stock, click here.
More about Finsbury Gwth & Inc Shs
Finsbury Growth & Income Trust PLC operates in the financial services industry, focusing on investment management and growth and income generation for its shareholders.
Average Trading Volume: 617,583
Technical Sentiment Signal: Hold
See more data about FGT stock on TipRanks’ Stock Analysis page.